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Here is a list of top 10 stocks that may be in focus on Wednesday:

Yes Bank : The bank on Tuesday said its board of directors continues to consider an offer worth $1.2 billion towards fundraising from Canada’s Erwin Singh Braich and Hong Kong-based SPGP Holdings. It also said its board is “favourably" considering an offer amounting to $500 million from Citax Holdings and Citax Investment Group, and a final decision on the offer will be taken in the next board meeting. The bank plans to raise a total capital of $2 billion.

RIL : The company signed an agreement with Abu Dhabi National Oil Co (ADNOC), the state-owned oil company of the United Arab Emirates, to develop an Ethylene Dichloride facility in Ruwais. Ethylene Dichloride is a basic building-block that facilitates manufacturing of Polyvinyl chloride (PVC) used in housing and agriculture sectors. This amid India’s evolving energy security architecture, with the UAE supplying 6% of India’s crude oil imports.

Piramal Enterprises : The Competition Commission of India on Tuesday allowed Piramal Enterprises Ltd to issue compulsorily convertible debentures (CCD) to Caisse de dépôt et placement du Québec (CDPQ). Upon conversion, the Canadian pension fund’s stake in the Ajay Piramal-led company will rise to 8.99% from 3.68%. Piramal Enterprises had in October entered into an agreement with CDPQ to raise ₹1,750 crore via issuance of 1,15,894 CCDs, carrying a face value of ₹1.51 lakh each.

Bharti Airtel : The telecom company will seek approval of its shareholders to raise capital through qualified institutional placement (QIP), foreign currency convertible bonds (FCCBs) and non-convertible debentures (NCDs) on 3 January. Last week, the company had announced its plans to raise $3 billion or ₹21,500 crore via debt and equity shares or convertible instruments. The issuance of fresh equity would lead to a 6% dilution of the promoter stake.

Future Supply : The Competition Commission of India, after market hours on Tuesday, said it has approved the proposed acquisition of 22% stake in Future Supply Chain Solutions Ltd by Nippon Express (south Asia & Oceania) Pte Ltd. Nippon Express will acquire the said stake in Future Supply for ₹641 crore, executing its plans to tap the rapidly growing Indian logistics market.

IDBI Bank : The public-sector lender, after market hours on Tuesday, said its board of directors has given in-principle approval to divest 49% stake in its subsidiaries IDBI Capital Market Securities Ltd and IDBI Intech Ltd. The bank, however, will retain controlling stake in these subsidiaries.

Bharti Infratel : The board of the telecom infrastructure company on Tuesday declared second interim dividend of ₹2.75 per equity share of ₹10 each for the financial year 2019-20. The payment of interim dividend/dispatch of dividend warrants will be done on or before 9 January 2020.

SBI : India’s largest public-sector lender under-reported bad loans to the tune of ₹11,932 crore in the financial year ended March 2019, a Reserve Bank of India (RBI) risk assessment report found.The central bank found that divergence in provisioning for these non-performing assets (NPAs) stood at ₹12,036 crore in 2018-19, State Bank of India said in a regulatory filing.

Jet Airways : The committee of creditors of the bankrupt airline has agreed to extend the deadline for submission of a resolution plan. According to a Bloomberg report, the deadline for submission of a resolution plan for the carrier may be extended beyond 16 December. The airline suspended all its operations in April this year and was admitted to the National Company Law Tribunal in June for insolvency proceedings.

Mutual Funds : Debt-oriented mutual fund schemes that have more than 10% exposure to their sponsors' group companies before October 1 have been allowed to continue with such investments till respective maturity dates. Markets regulator SEBI’s decision to provide such an exemption comes in the wake of debt-ridden mutual funds having a cap of 10% in terms of their exposure to group firms of sponsors as well as asset management companies.

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